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Freeport mcmoran Inc (NYSE: FCX) |
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FCX $41.3950
$0.3850 
0.94%
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Volume (M):
457
Open :
41.39 52 Wk Avg :
41.89
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FCX $41.3950
$0.3850
0.94%
|
Volume (M):
457
Open :
41.39 52 Wk Avg :
41.89
|
|
Freeport Mcmoran Inc FCX.NYSE Chart and Quote
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FCX Today's High:
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$40.91
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FCX Shares One Week Perf:
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-0.2 %
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| FCX Today's Low: |
$ 40.27 |
FCX Shares 30 Day Performance: |
4.88 % |
| Number of FCX Shares Traded (M): |
457 |
FCX Share Price 52 Wk High: |
$ 52.61 |
| Value of FCX's Shares Traded (M$): |
$ 18,687 |
FCX Share Price 52 Wk Avg: |
$41.89 |
| Share Price at the Open: |
$41.39 |
FCX's Share Price 52 Wk Low: |
$27.66 |
Freeport Mcmoran Inc stock increased by 7.6 % during the preceding 30 days, this brings the year to date performance to 9.28%. Freeport Mcmoran Inc stock is currently trading on the NYSE by -1.3% below its 52 week average.
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FCX Company Profile >> Share performance within Metal Mining Industry >> Compare FCX to its Benchmarks |
News about Freeport mcmoran Inc's Stock Splits and Dividends |
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June 26, 2024
PHOENIX - Freeport-McMoRan Inc. (NYSE: FCX), a leading global mineral producer, has taken a significant step forward in delivering value to its shareholders. The company announced on August 1, 2024, that its Board of Directors has declared cash dividends of $0.15 per share on FCX s common stock, reflecting its commitment to rewarding investors. This dividend declaration includes a base dividend of $0.075 per share, along with a variable dividend of $0.075 per share, aligning with FCX s unique performance-based payout framework.
The announcement marks an evolution in Freeport-McMoRan Inc. s dividend strategy, supporting the company s objective of providing sustainable long-term returns to its valued shareholders. This new framework seeks to align dividend payouts with the company s financial performance, ensuring that shareholders are duly rewarded for their investment while also allowing for flexibility in maximizing shareholder value.
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March 27, 2024
Freeport-McMoRan Inc. Introduces Innovative Performance-Based Dividend Payout Framework
In a groundbreaking move, Freeport-McMoRan Inc. (NYSE: FCX) announced a revolutionary change to its dividend strategy, implementing a performance-based payout framework. This new approach aims to align dividend payments with the company s financial performance and provide shareholders with greater transparency and potential for increased returns.
The company s Board of Directors recently declared cash dividends of $0.15 per share on FCX s common stock, payable on May 1, 2024. This dividend declaration includes a base dividend of $0.075 per share and a variable dividend of $0.075 per share, in accordance with FCX s performance-based payout framework. Shareholders of record as of April 15, 2024, will be eligible for the dividend payments.
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December 20, 2023
Freeport-McMoRan Inc, a leading international mining company, announced today that its Board of Directors made a key declaration that could potentially revolutionize its dividend strategy. In a significant step, the Board declared a cash dividend of $0.15 per share, payable on February 1, 2024, to FCX shareholders that have a record as of January 12, 2024. This new dividend structure introduced by the Phoenix-based company includes a base dividend of $0.075 per share and a performance-based variable dividend of an equal amount.
The company (NYSE: FCX) has taken a strategic decision, which suggests a new approach to the shareholder dividend payout scheme. The new strategy, dubbed a performance-based payout framework , would see FCX s dividends fluctuate in line with the firm s achievements, rather than retaining a constant payout, which has been the industry norm.
The board s decision in 2023 to instigate a performance-based payout framework may significantly shift the way the FCX manages its dividends, contingent on the company s performance dynamics. This modified approach has been hailed by many industry analysts as a novel way to ensure shareholders reap the benefits of the company s performance quite directly.
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November 17, 2023
In a recent press release, Freeport-McMoRan Inc. (NYSE: FCX), a leading international mining company, disclosed that it has received an unsolicited mini-tender offer from TRC Capital Investment Corporation (TRC). This offer proposes to purchase up to 3,000,000 shares of FCX s common stock at a current below-market price of $32.20 per share. The company has strongly recommended its shareholders reject this below-market offer.
The offer from TRC Capital Investment Corporation represents a price that is approximately 4.4% lower than the closing price of FCX s common stock on November 10, 2023, prior to the offer. It is important to note that FCX s current share price stands at $35.78, indicating an impressive 36.36% increase over the past 12 months.
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September 20, 2023
In a recent press release, Freeport-McMoRan Inc. (NYSE: FCX) announced the declaration of cash dividends on its common stock, highlighting the company s commitment to its shareholders. The declared cash dividends of $0.15 per share will be paid out on November 1, 2023, to shareholders of record as of October 13, 2023. This dividend payment includes a base dividend of $0.075 per share and a variable dividend of $0.075 per share, reflecting FCX s performance-based payout framework. The Board of Directors, responsible for the decision, has taken into consideration FCX s future prospects and aims to reward shareholders accordingly.
Dividends Reflecting Performance-Based Payout Framework:
Freeport-McMoRan Inc. acknowledges the importance of aligning dividend payments with the company s performance. With the announcement of a base dividend and a variable dividend component, FCX exemplifies its commitment to maximizing shareholders value while staying consistent with its performance targets.
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